Melton Building Society Appoints Ashraf Piranie as Non-Executive Director
Portfolio - People | Mar 11, 2025 | EIN
Melton Building Society has appointed Ashraf Piranie as a non-executive director, starting March 1. With over 16 years of experience in the building society sector, Piranie has held senior roles in finance and operations at various financial institutions including West Bromwich Building Society, Nottingham Building Society, and others. Alongside his new role, he will chair the audit committee and, from July 1, will lead the board of Melton's subsidiary, Nexa Finance. Piranie currently chairs risk committees at Monument and GB Bank. His appointment follows recent changes in Melton's board, with Kath Myers joining as a non-executive director and Sue Douthwaite becoming chair. His vast experience in strategy, mergers and acquisitions, and financial management is expected to greatly benefit the board as the society celebrates its 150th anniversary.
Sectors
- Financial Services
- Corporate Governance
Geography
- United Kingdom – Melton Building Society and other institutions mentioned such as West Bromwich Building Society and Nottingham Building Society are based in the UK, making this geography relevant.
Industry
- Financial Services – The article discusses the appointment of a new non-executive director for Melton Building Society, which operates within the financial services industry, specifically focusing on building societies.
- Corporate Governance – The article highlights changes in the board composition of Melton Building Society, relevant to corporate governance practices within the financial sector.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Melton Building Society | Target Company | Company | A UK-based building society making a strategic board appointment to enhance its governance and strategic objectives. |
| Ashraf Piranie | Appointed Non-Executive Director | Person | An experienced financial services professional, recently appointed as a non-executive director at Melton Building Society. |
| Nexa Finance | Subsidiary | Company | A subsidiary of Melton Building Society which Ashraf Piranie will chair starting July 1. |
| Monument | Institution with Existing Affiliation | Company | Company where Ashraf Piranie currently chairs the risk committee. |
| GB Bank | Institution with Existing Affiliation | Company | Company where Ashraf Piranie serves on the main board and chairs the risk committee. |
| Sue Douthwaite | Chair | Person | Recently appointed chair of Melton Building Society, welcoming Ashraf Piranie to the board. |
| Kath Myers | Non-Executive Director | Person | Recently appointed non-executive director of Melton Building Society. |